Real Option Based Appraisal of Environmental Investments – An Assessment of NOx Emission Control Techniques in Large Combustion Plants
ISBN:
978-3-7315-0925-7
Verlag:
KIT Scientific Publishing
Land des Verlags:
Deutschland
Erscheinungsdatum:
27.06.2019
Reihe:
Produktion und Energie
Format:
Softcover
Seitenanzahl:
374
Lieferung in 5-10 Werktagen
Versandkostenfrei ab 40 Euro in Österreich
Environmental investments, such as emission control measures hardly gain profit but are enforced by policy. Such investments can be expected to be delayed as much as legally feasible. Yet, if increasing expenditures for the same investment in the future are likely to occur, an advanced investment may be favorable. A cost calculation methodology for NOx control techniques and a real option based decision support model for investments not gaining economic profit is presented in the book.